Retail Banking
Standard Bank Bangladesh unveils its first-ever sustainability report
Standard Bank Bangladesh unveils its first-ever sustainability report
It made use of the GRI Standards.
South Korea’s Toss Bank to raise $224.7m via new stock issuance: report
It will raise the company’s total capital stock to KRW1.35t.
Public Bank H1 profits stumble over one-off prosperity tax
This was partially offset by higher net interest income.
BEA completes sale of insurance and healthcare business
Both were sold to AIA Group.
Retail bank sales fall as digital struggles to fill branch banking hole
Digital sales rose to a new record, but could not offset fall in branch sales.
Australia’s Judo Bank on track for earnings growth
Its net interest margin is expected to be 3% over the next two years.
Citi winds down Russia consumer, commercial banking businesses
Approximately 2,300 employees will be affected, according to the bank.
Thailand’s SCBX scraps $500m deal for crypto exchange Bitkub: report
SCBX said that Bitkub needs time to fix its issues with the local regulator.
Maybank net profit down 9.2% to $415.7m in Q2
Fee-based income rose, but group braces for expected credit losses.
How Banks Can Accelerate Financial Inclusion in Southeast Asia
Thanks to the pandemic, the uncertainty of the world economy has been especially devastating for those living on the poverty threshold and struggling...
2 in 5 Filipinos name fraud protection as top priority when opening new financial account
About 4.5% of those surveyed have been victims of identity theft.
South Korean banks’ NIMs to support stable profitability in H2
South Koran banks’ rising net interest margins or NIM should support its profitability in the second half of 2022, reports Fitch Ratings.
Prioritising customer-centric initiatives amidst digitalisation
Through its remarkable services, Bank SinoPac continues to provide a comprehensive financial ecosystem for its customers.
Mizuho Bank charged $6.75b negative interest rate by BOJ
This is the first time in 7 months that a megabank was charged.
Recovering business activity props up Thai banks’ revenues
Credit costs will remain elevated in the long-term, however.
Asset quality of South Korea’s big banks to remain supported as interest rate rise
But bad loans are expected to rise moderately.
Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
Commentary
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge